Crypto Contest March 31: Osaka Protocol

in #fbcrypto9 months ago

Osaka Protocol (Uniswap: OSAKUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, OSAK began a red wave one advance on January 8. The red wave one peaked on January 17 and the red wave two correction ended on February 1. The red wave three finished on March 6 and the red wave four correction ended on March 27. If this wave count is correct, OSAK should be heading next towards the March 6 peak in the red wave five.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Osaka protocol is a decentralized project that started with an airdrop for 30% of total supply to all people that sold SHIB before it went to moon. CryptoFaceless reviewed the project four months ago.

(Sources: https://osaka.win/)

How Will Osaka Protocol Trade?

Osaka Protocol (Uniswap: OSAKUSD) daily chart by Tradingview.

(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below

OSAK will takeout the March 6 peak

OSAK will drop below the January 8 low

OSAK will stay in a trading range between the January 8 low and the March 6 peak until May 6

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OSAK will takeout the March 6 peak

OSAK will stay in a trading range between the January 8 low and the March 6 peak until May 6

OSAK will takeout the March 6 peak

OSAK will drop below the January 8 low

OSAK will takeout the March 6 peak

OSAK will stay in a trading range between the January 8 low and the March 6 peak until May 6

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OSAK will stay in a trading range between the January 8 low and the March 6 peak until May 6

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OSAK will drop below the January 8 low